A corporation is an artificial legal entity that exists separate from its owners. Incorporating your business can provide owners greater personal liability and asset protection from corporate debt and obligations as incorporation separates your business from your personal assets.
Some additional benefits of incorporating your business include:
- Tax savings
- Lower risk of audit
- Deduction of medical expenses
- Income splitting
Incorporating your business can be a confusing process. If you are considering incorporating your business, it is best to seek the advice of a professional. An expert will be able to answer all of your questions and help you make a decision that is best for your business.
Some common questions include:
- Do I need to incorporate my business?
- Which entity is right for my business?
- Which state should I incorporate in?
- What documents do I need?
- What is the difference between an LLC, C-Corporation and an S-Corporation?
Business Creation Services for Glendale, Burbank and Pasadena
Whether you’re a real estate investor or a small business owner, Robert Hall & Associates will help you choose and maintain the right type of structure for your needs, whether it be an S-Corporation, C Corporation or LLC. With a background in finance and tax services, we can file the necessary paperwork to form your business, and help you take advantage of the built-in tax benefits for your chosen structure. Get started by calling 818.242.4888 or sign up for a free 30-minute consult!